ED Magedson – Founder
Ron & Sheila Daniels3776 Greenbriar Dr Stafford , Texas USA
Ron & Sheila Daniels Millennium Lock Inc Settling Debts for worthless stock @ 50 cents or less on the dollar Stafford Texas
Ron and Sheila Daniels are now paying their creditors and shareholders 50 cents or less on the dollar after using their money since 2006 through 2011. These 2 cretins have manufactured a Ponzi scheme and the State of Texas just looks the other way. The DA in Houston allows this creep to steal money from unsuspecting investors and shareholders and use it to buy expensive cars for him and his family, send his kids to private schools and enjoy dinning in the best restaurants in Texas while the investors are sucking wind waiting for the receivables from Lowes Stores he has gotten for 3 years (Oct 2010) totaling over a million (Est.). He and his slimy wife have used your money and mine to buy expensive clothes, jewelry and cars lots of them. Of course he denies any wrong doing to the authorities and they believe them! He channels the money from Millennium lock into their pockets and pays some of his investors who are waiting for a return half of their invested money to settle. [continued below]....
The State says basically scam investors with your lie of high returns for your investment and then get screwed and that’s OK. I’m not oversimplifying it, That’s the deal. These 2 criminals are the only ones who made a ton of cash off this scam and the creditors, investors and consultants who worked for them are still waiting to get paid. This creep bought 5 expensive cars in the last 3 years with our money; he feeds his dog Angus beef for dinner and takes his wife on Vegas shopping sprees with investor money. The State cannot find anything wrong with this? In other States it’s illegal to sell unregistered securities, It’s illegal to run a Ponzi scheme, its illegal not to pay vendors after they have completed the work, but not in Texas according to the Harris County DA, steal all you want Constable Daniels with the Gold Badge and Police car, the State won’t prosecute you. He claims he had wealth from other business for the last 10 years but filed personal bankruptcy in 2006? Sounds dishonest to me?
These 2 creeps are doing whatever possible to avoid full payment to anyone owed money after spending all the receivables from Lowes Stores proceeds (Supposedly claiming poverty again) after hiring council in Texas to protect them, OH, who paid for the attorneys protecting them, WE DID! Wow is this a great business or what? Get this; they’re still operating! So run right over an write them a check, give them you hard earned dough and lets see what Texas does to them when they give you back half of your investment 3 or 5 years later. Here's their address:
Millennium Lock, Inc
3776 Greenbriar Dr
Stafford TX. 77477
Make it out to Sheila Daniels, she loves to cash business checks. And Oh yea, the State says that's OK too, what a State to live in that protects criminals
This report was posted on Ripoff Report on 05/31/2013 08:16 AM and is a permanent record located here: http://www.ripoffreport.com/reports/ron-sheila-daniels/stafford-texas-77477/ron-sheila-daniels-millennium-lock-inc-settling-debts-for-worthless-stock-50-cents-or-1055263. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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